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Nov 26, 2012
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they want to raise taxes and republicans don't want to. they are willing to cap certain deductions. >>> and perspective police officers, you can start applying for jobs at the san francisco police department this morning and they will start accepting applications for entry level police officers. eligible application cans have to be at least 20 years old, have a valid california driver's license and high school diploma or equivalent. it will end on friday december 7th and the starting pay for a san francisco police officer is 88,000 dollars a year. well for the san francisco 49ers there are quarterback questions all over again. it happened for the second straight game for the quarterback and coming up, what coach jim harbaugh is saying about who will be his starter in the future. >>> we have been talking about fog and i'm not sure if there is an incident in south san francisco. northbound at the 380 split, just north of fso, let's head out to our maps and a bicycle is laying on the shoulder and officers are not sure if this was an accident
they want to raise taxes and republicans don't want to. they are willing to cap certain deductions. >>> and perspective police officers, you can start applying for jobs at the san francisco police department this morning and they will start accepting applications for entry level police officers. eligible application cans have to be at least 20 years old, have a valid california driver's license and high school diploma or equivalent. it will end on friday december 7th and the starting...
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Nov 26, 2012
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republicans are resisting the idea that inleasing tax rates on the wealthy will steer the country away from the fiscal cliff even though suspects insist it will. >> i would be very much opposed to raising tax rates, but i believe that we can close a lot of lop holes. >> they have to go up, real or effective tax rates, there are ways of doing this and secondly, we have to gross loopholes. >> lindsey graham is okay with new revenue and willing to cap deductions to get it, but only if democrats agree to reform entitlements like social security and medicare. >> i don't expect the democrats to go for premium ouci do expect them to adjust these entitlement programs before they bankrupt the company. some entilement reform is okay with illinois democratic senator dig durbin, but thinks that social security should be left alone. >> social security does not add one penny to our debt. not a penny. it's a separate funded operation and we can do things and i believe we should, smaller things played out long-term that give it solvency. >> and congressman peter king says nobody will get all they want
republicans are resisting the idea that inleasing tax rates on the wealthy will steer the country away from the fiscal cliff even though suspects insist it will. >> i would be very much opposed to raising tax rates, but i believe that we can close a lot of lop holes. >> they have to go up, real or effective tax rates, there are ways of doing this and secondly, we have to gross loopholes. >> lindsey graham is okay with new revenue and willing to cap deductions to get it, but...
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Nov 26, 2012
11/12
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simplifying the tax code, keeping those marginal tax rates low. let's not create a worse in the distortions that already exist in the tax code. dagen: great to see you. take care. we will see you soon. connell: there it is. closing loopholes with norquist. we consider that a tax hike. dagen: lindsey graham. you made the point. loud and clear. a lot of people backing off. connell: backing off the pledge. people will be losing their benefits at the end of the year if congress does not act now. dagen: the money game for the holidays. americans are sitting at their computer screens, not working, looking for the perfect gift. take a look at oil. see where it is trading today. oil is at $87 a barrel. connell: eight quarter past the hour. we will have stocks now as we do every 15 minutes. nicole: we are at our session lows of the day. we certainly had a nice run up last week. over a 100-point game. we are losing about 100 points. i just checked on the dow jones industrials. twenty-eight of the names out of 30 were in the red. intel and caterpillar were t
simplifying the tax code, keeping those marginal tax rates low. let's not create a worse in the distortions that already exist in the tax code. dagen: great to see you. take care. we will see you soon. connell: there it is. closing loopholes with norquist. we consider that a tax hike. dagen: lindsey graham. you made the point. loud and clear. a lot of people backing off. connell: backing off the pledge. people will be losing their benefits at the end of the year if congress does not act now....
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Nov 26, 2012
11/12
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lights on now traffic bagging past the west grand over -- backing past the west grand overcrossing, fact tax getting by nicely, suggestish upper deck, very foggy, fog -- advisory for all bay area bridges, bumper-to-bumper out of tracy towards altamont. out of antioch very slow towards pittsburg and concord typical for this time of morning. leaving santa rosa 101 southbound a grind to novato, 80 east shore freeway, there's 680 to the 580 corridor. our waze app is free you can see your commute through san pablo and el cerrito, very slow, fog is a factor all morning, take extra care download this app free. >>> the fog can make the commute difficult. amy hollyfield joins us live from the bay bridge toll where the conditions there now look pretty foggy. >> reporter: it is thick. take a look at what the cars are going through behind me. you can see their tail lights, pretty thick and tough to see, far in front of you the kind of fog if you close your eyes and spun around a couple of times and opened your eyes you wouldn't figure out which direction you were facing, you can see far here's video we
lights on now traffic bagging past the west grand over -- backing past the west grand overcrossing, fact tax getting by nicely, suggestish upper deck, very foggy, fog -- advisory for all bay area bridges, bumper-to-bumper out of tracy towards altamont. out of antioch very slow towards pittsburg and concord typical for this time of morning. leaving santa rosa 101 southbound a grind to novato, 80 east shore freeway, there's 680 to the 580 corridor. our waze app is free you can see your commute...
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Nov 26, 2012
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expiration of the tax cut around for years can be called a tax increase. the nonpartisan budget office would bring in $1 trillion in ten years. on tap, 1.2 trillion in spending cuts for ten years. $100 billion in first year. half to defense programs. half to nondefense. cbo says going off the cliff would lead to a recession next year. we have fox team coverage tonight. ed henry is trying to read tea leaves on a day of mixed signals from all sides but we begin with mike emanuel on the possibility that g.o.p. lawmakers may put their oath of office above a promise to antitax increase organizer. good evening. >> good evening. the republican sources say they are offering a balanced approach of significant spending cuts and some revenue without boosting tax rates. >> we have been responsible as we remain firm on this point. no tax increases now for promised spending cuts that won't materialize later. the american people have seen that game before. they won't be fooled again. >> the top republican on the senate budget chel explained the g.o.p. plan to bring in mo
expiration of the tax cut around for years can be called a tax increase. the nonpartisan budget office would bring in $1 trillion in ten years. on tap, 1.2 trillion in spending cuts for ten years. $100 billion in first year. half to defense programs. half to nondefense. cbo says going off the cliff would lead to a recession next year. we have fox team coverage tonight. ed henry is trying to read tea leaves on a day of mixed signals from all sides but we begin with mike emanuel on the...
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Nov 26, 2012
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when you throw in the higher state taxes in cities and states promising millionaire tax hikes, not just affecting if millionaires. that brings us to 60%. that is 15 points higher. this isn't specious math. this is logical math. courtesy of the republican strategy hellbent on ignoring that for fear of getting it on rates. the republicans risk being snookered by the democrats who know the opponent's number. blinded in the grand old quest to keep rates moving up, they don't see the other side just taken them to cleaners. we are going to debate this tonight. you can watch other choices. but you can still watch him and watch me. i am a nice appetizer then. that's how i look at it. appetizer. if you did online shopping i'd be a good buy. you know a lot about the cyber bye. >> demand it! >> no. >> you were shopping. >> i was not. not doing anything. >> you were. >> was not. >> that is a laptop.
when you throw in the higher state taxes in cities and states promising millionaire tax hikes, not just affecting if millionaires. that brings us to 60%. that is 15 points higher. this isn't specious math. this is logical math. courtesy of the republican strategy hellbent on ignoring that for fear of getting it on rates. the republicans risk being snookered by the democrats who know the opponent's number. blinded in the grand old quest to keep rates moving up, they don't see the other side just...
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Nov 26, 2012
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tax rates. there's ways of doing that. >> republicans always put revenue on the table. democrats always promise to cut spending. we never cut spending. what i'm looking for is more revenue for entitlement reform. >> and john boehner's called for a short term fix to overt the fiscal cliff so congress can work on on a bigger deal in 2013. but in an op-ed, republican senator bob corker says both sides need to carve out a $4 trillion package that includes both revenue hikes and spending cuts by the end of the year. >>> still to come, the miss crest shopping day of the year for online retailers. snapping up deals on big ike ket item. we'll get a look. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> today is cyber monday. analysts say it's not as big a day as it's been in past. so many people sh
tax rates. there's ways of doing that. >> republicans always put revenue on the table. democrats always promise to cut spending. we never cut spending. what i'm looking for is more revenue for entitlement reform. >> and john boehner's called for a short term fix to overt the fiscal cliff so congress can work on on a bigger deal in 2013. but in an op-ed, republican senator bob corker says both sides need to carve out a $4 trillion package that includes both revenue hikes and spending...
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it's about unnecessary taxes. both don't want unnecessary taxes as well. as long as we are able to have an intelligent conversation and move away from the sound bites compromise is easier to be made. >> 37 days until then. >>> a voluntary recall for the generic version of the popular anti-cholesterol drug lipitor. the generic version is made by ranbaxy pharmaceuticals as seen in this entry from an online drugstore. it is feared glass particles may be in bottles of the drugs. the company based in india is calling back 40 batches of the generic pill. >>> if you didn't get your shopping fix this weekend, relax. there's cyber monday. could the internet's biggest shopping day soon be a thing of the past? this monday online only. get the droid razr by motorola in cranberry, free. or a white 7-inch samsung galaxy tab 2, just $99.99. this holiday, get the best deals on the best devices on the best network. exclusively at verizon. thor's couture gets the most rewards of any small business credit card. your boa! [ garth ] thor's small business earns double miles on
it's about unnecessary taxes. both don't want unnecessary taxes as well. as long as we are able to have an intelligent conversation and move away from the sound bites compromise is easier to be made. >> 37 days until then. >>> a voluntary recall for the generic version of the popular anti-cholesterol drug lipitor. the generic version is made by ranbaxy pharmaceuticals as seen in this entry from an online drugstore. it is feared glass particles may be in bottles of the drugs. the...
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Nov 26, 2012
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one thing is all the taxes eventually get paid. you don't get away with not paying taxes just because you put money into an ira. you have to pay when you pull it out of retirement. the second thing is there is no doubt today people can lower their tax bill, it will be definitely lower the savings rate if we were to do that. and finally, $100 billion is what we could raise. that is a drop in the bucket. a trillion plus dollars deficit. we need way more than these kind of things to fix this. we need to cut spending. that is what we need to do. this is the only way we will balance the budget. melissa: you make a point not everyone has made, just the impact of the stock market of what is going on. raising taxes on investment doesn't even hurt as much as just how much government spending is going on. >> i will try. this is the heart of economics. call it the cloud or the smart phone or the tablet, those technologies to throw out productivity efficiency. and the games society makes from these technologies, we get reinvested, sort of the
one thing is all the taxes eventually get paid. you don't get away with not paying taxes just because you put money into an ira. you have to pay when you pull it out of retirement. the second thing is there is no doubt today people can lower their tax bill, it will be definitely lower the savings rate if we were to do that. and finally, $100 billion is what we could raise. that is a drop in the bucket. a trillion plus dollars deficit. we need way more than these kind of things to fix this. we...
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Nov 26, 2012
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it's about unnecessary taxes. both don't want unnecessary taxes as well. as long as we are able to have an intelligent conversation and move away from the sound bites compromise is easier to be made. >> 37 days until then. >>> a voluntary recall for the generic version of the popular anti-cholesterol drug lipitor. the generic version is made by ranbaxy pharmaceuticals as seen in this entry from an online drugstore. it is feared glass particles may be in bottles of the drugs. the country based in india is calling back 40 batches of the generic pill. >>> if you didn't get your shopping fix this weekend, relax. there's cyber monday. could the internet's biggest shopping day soon be a thing of the past? and that makes me feel pretty good about it. and then i heard about a study looking at multivitamins and the long term health benefits. and what do you know? they used centrum silver in the study. makes me feel even better, that's what i take. sorry, we take. [ male announcer ] centrum. the most recommended. most preferred. most studied. centrum, always your mo
it's about unnecessary taxes. both don't want unnecessary taxes as well. as long as we are able to have an intelligent conversation and move away from the sound bites compromise is easier to be made. >> 37 days until then. >>> a voluntary recall for the generic version of the popular anti-cholesterol drug lipitor. the generic version is made by ranbaxy pharmaceuticals as seen in this entry from an online drugstore. it is feared glass particles may be in bottles of the drugs. the...
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. >> i would be very much opposed to raising tax rates, but i believe we can close a lot of loopholes. >> reporter: and democrats say just closing loopholes and cutting deductions isn't enough. >> we have to raise additional revenues and tax rates on the wealthy. >> reporter: in any deal, republicans insist on big cuts to entitlement programs like medicare and social security. susan mcginnis, cbs washington. >>> today it's stay at home and shop. cbs 5 cate cauguiran in the news room with cyber monday. good morning. >> we can expect cyber monday discounting to be equally competitive. what's new this year, the explosion of shoppers one and four will be using mobile devices to get the best deal. that's nearly double from last year and it trend that's expected to continue. retailers are anticipating about 129 million consumers to show from their offices to today. cyber monday is proving technology is a game changer for the shopping industry. >> online retailers have made great strides in making it very easy for people to return things, paste on shipping labels, free shipping and returns.
. >> i would be very much opposed to raising tax rates, but i believe we can close a lot of loopholes. >> reporter: and democrats say just closing loopholes and cutting deductions isn't enough. >> we have to raise additional revenues and tax rates on the wealthy. >> reporter: in any deal, republicans insist on big cuts to entitlement programs like medicare and social security. susan mcginnis, cbs washington. >>> today it's stay at home and shop. cbs 5 cate...
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Nov 26, 2012
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so if they don't act, everyone will be owing more taxes. that could affect the spending habits on some people. >> they are not spending like they would because they still don't know what will happen. >> and congress, they only have 35 days now to come to an agreement on the deficit reduction. if they don't, then the automatic tax hikes will be taking effect on january 1. >>> one bay area hospital is demanding to be reimbursed by the los angeles dodgers for the care they gave to brian stowe. the giant's fan who was brutally beaten outside the dodger's stadium a year and a half ago. they join us from the general hospital. how much money are you talking about here, brian? >> good morning to you. yeah, we're talking about $1.4 million seeking reimbursement from the l.a. dodgers. they went to the bankruptcy court recently in an effort to seek permission to pursue that reimbursement from the dodgers. stowe was brutally attacked in the parking lot while watching the home opener. since then they had to put the bill for the medical care. the hospita
so if they don't act, everyone will be owing more taxes. that could affect the spending habits on some people. >> they are not spending like they would because they still don't know what will happen. >> and congress, they only have 35 days now to come to an agreement on the deficit reduction. if they don't, then the automatic tax hikes will be taking effect on january 1. >>> one bay area hospital is demanding to be reimbursed by the los angeles dodgers for the care they...
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Nov 26, 2012
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he says i would raise taxes if. then he lists this incredible list of reforms and entitlements that the democrats would never give him. i suggested, senator, you're offering to trade a tax increase for a pink unicorn that doesn't exist. >> you're saying this is never going to happen. because if a republican says, you know what, i am actually not going to go with the pledge that i have signed and i'm going to, you know, do this compromise and vote for that, would you then target that lawmaker? would you say, you know, you're lying. you changed your mind from the pledge. now i'm going to put the substantial weight and efforts of your organization to try to unseat that republican candidate? >> george hervert walker bush broke his commitment to the american people. i don't think the americans for tax reform even put out a press release. somehow the american people figured out he broke his commitment. he couldn't get 38% of the vote when he ran in a general. he didn't lose in a primary. he lost in a general election. rai
he says i would raise taxes if. then he lists this incredible list of reforms and entitlements that the democrats would never give him. i suggested, senator, you're offering to trade a tax increase for a pink unicorn that doesn't exist. >> you're saying this is never going to happen. because if a republican says, you know what, i am actually not going to go with the pledge that i have signed and i'm going to, you know, do this compromise and vote for that, would you then target that...
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Nov 26, 2012
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let's tax the wealthy. well, what is wealthy? sunday that as 10 million in the bank, had a good year. there is not a clear picture of what the definition of that is. melissa: even if they are in danger, but this does not hurt the warren buffett's of the world and that they don't mind it, but a whole bunch of people who have saved for retirement under trying to live off those investments and dividends. it's going to hurt them instead. i don't lose sleep over that. but we do worry about the much smaller investor, maybe he doesn't impact the market where you think. they share care about this. >> that is entirely reasonable position to take, but it is also a little bit, let's say condescending to think that those people don't know what is best for them. melissa: i didn't say they don't know what's best for them. the amount they have available to investors less. they don't have a lot of extra dollars. >> i wasn't trying to indicate that you were saying that. those people tend to be reacting to the news that obama was reelected in a wa
let's tax the wealthy. well, what is wealthy? sunday that as 10 million in the bank, had a good year. there is not a clear picture of what the definition of that is. melissa: even if they are in danger, but this does not hurt the warren buffett's of the world and that they don't mind it, but a whole bunch of people who have saved for retirement under trying to live off those investments and dividends. it's going to hurt them instead. i don't lose sleep over that. but we do worry about the much...
SFGTV2: San Francisco Government Television
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Nov 26, 2012
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we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here from oakland cut -- oakland, i saw those cars in the ordinary lanes. one person per car. you have this one person with all this steel and plastic and oil. it is ridiculous. we're figuring out ways to do that. whether it is high speed rail or electric cars. the first will be rolling off the factory in treatments in the next few months -- in three months and in the next few months. yes, the innovative companies are small. the electric cars -- the tanks are small but so is fairchild or in tal or hewlett-packard -- intel or hewlett-packard or steve jobs. the seats we plan
we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here...
SFGTV2: San Francisco Government Television
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making sure the government supports research at the deepest trouble and is providing not just grants but tax credits. the focus on making sure that we're building a culture of innovation. colorado is the last three years when there were no jobs anywhere, more 25-34 year-old came to call rudder than any other state in the country. -- colorado more than any other state in the country. we want to make sure they are employed in innovative companies that have an opportunity for full education and research. there has to be a culture fun -- from the federal grant all the way down in research. they should hammer out what the appropriate compromise is to repatriate all those overseas profit corporations are not putting back into our or economy. the largest beneficiary would be california. we want to see what the cutting edge is. most of a still look for california. -- loomost of us still look to california. what governor brown said about the traditional politics is all about taking the thing in making it fresh. to a certain extent, i tried to be a writer in college.
making sure the government supports research at the deepest trouble and is providing not just grants but tax credits. the focus on making sure that we're building a culture of innovation. colorado is the last three years when there were no jobs anywhere, more 25-34 year-old came to call rudder than any other state in the country. -- colorado more than any other state in the country. we want to make sure they are employed in innovative companies that have an opportunity for full education and...
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or effective tax rates. there is ways of doing that. secondly, though, we've got to close significant loopholes. >> bottom line, getting back to the report, the president is asking congress it act now specs tend the tax cuts for the middle class. they say the holiday season is not a time to threaten middle class pocketbooks. back to you. >> steve: thanks very much. the white house wants all the people who voted for barak obama to flood congressmen with e-mail and also with video messages via youtube saying why we should raise taxes on the rich. >> gretchen: so it's mainly for conservative democrats and to sway some republicans in those districts. we asked what you thought about this. will it change members of congress' mind? here is marge, cut all loopholes, subsidies and reduce spending equally but do not raise taxes. >> steve: here is a tweet from heather. it would say do your job, pass a balanced budget like required by law. no more closed door secret tax meetings. >> brian: more e-mails and tweets coming
or effective tax rates. there is ways of doing that. secondly, though, we've got to close significant loopholes. >> bottom line, getting back to the report, the president is asking congress it act now specs tend the tax cuts for the middle class. they say the holiday season is not a time to threaten middle class pocketbooks. back to you. >> steve: thanks very much. the white house wants all the people who voted for barak obama to flood congressmen with e-mail and also with video...
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that's when spending cuts and tax increases kick in. lawmakers from both parties are racing the clock to reach a compromise but despite a lot of optimism there is no plan on the table. brian moore has the story from washington. >> reporter: back from an extended holiday and facing a looming deadline, lawmakers from both parties seem optimistic about diffusing the fiscal cliff time bomb. >> unfortunately, for the last ten days with the house and congress gone for the thanksgiving recess there hasn't been much progress made. tomorrow there's no excuse. we are back in town. >> reporter: democrats want to raise taxes on the wealthiest americans and republicans who once refused to raise taxes on anyone ever are signaling their willingens to compromise. >> when you are $16 trillion in debt the only pledge we should be making to each other is to avoid the coming grove and republicans, republicans should put revenue on the table. >> the world has changed and the economic situation is different. ronald reagan and tip o'neill realized that in t '
that's when spending cuts and tax increases kick in. lawmakers from both parties are racing the clock to reach a compromise but despite a lot of optimism there is no plan on the table. brian moore has the story from washington. >> reporter: back from an extended holiday and facing a looming deadline, lawmakers from both parties seem optimistic about diffusing the fiscal cliff time bomb. >> unfortunately, for the last ten days with the house and congress gone for the thanksgiving...
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Nov 26, 2012
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let's have income tax, 15%, gift taxes, 15%, let's make sure that warren buffett finally starts paying at least as much as his secretary, in the percentage, and, what has been proposed, here, by the president, will not have warren buffett paying the same as his secretary, in percentage. let's have a flat tax, lou. let's take the president at his word. if you make more you will pay more and this is the only way that that is going to happen. >> lou: you know i believe the speaker boehner, perhaps the president himself may have been talking to you, talking to steve forbes and others who talked about the possibility of reforming the entire tax code. that could -- >> this is a great time. you know, the kind of time... and, not only that, let's don't forget the last time that the senate had a budget, it was when harry reid worked with his friend, speaker pelosi and nobody in the 2008 budget complained that it wasn't spending enough money. let's go back to 2008. $2.5 trillion, and cuts off a trillion in spending, right there. >> lou: there are all sorts of ways to get there, as you suggest he
let's have income tax, 15%, gift taxes, 15%, let's make sure that warren buffett finally starts paying at least as much as his secretary, in the percentage, and, what has been proposed, here, by the president, will not have warren buffett paying the same as his secretary, in percentage. let's have a flat tax, lou. let's take the president at his word. if you make more you will pay more and this is the only way that that is going to happen. >> lou: you know i believe the speaker boehner,...
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we have just heard from the city tax collector's of bureau of revenue. they are filing this legal action. they confirm the city is going to go after the los angeles dodgers for reimbursement in the treatment of bryan stow. the giants fan who was severely beaten outside of a dodgers game. to help pay for the four months of care it treated stow's injury. the city attorneys have asked a bankruptcy judge to add san francisco to those seeking damage from the team's insurer. this is a bankruptcy issue because the team filed chapter 11. this was a controversy. the city says this is not unusual, but standard practice to go after unpaid bills. it is taking all steps to protect the city's interests. stow and his family is suing the team frin the amount of $50 million. the amount needed for a lifetime of care. reporting live outside san francisco city hall, bob redell, nbc bay area news. >>> now to the south bay. citizens will have a say on who will be the next san jose police chief. city leaders will hold a community meeting tonight to gather input from neighborho
we have just heard from the city tax collector's of bureau of revenue. they are filing this legal action. they confirm the city is going to go after the los angeles dodgers for reimbursement in the treatment of bryan stow. the giants fan who was severely beaten outside of a dodgers game. to help pay for the four months of care it treated stow's injury. the city attorneys have asked a bankruptcy judge to add san francisco to those seeking damage from the team's insurer. this is a bankruptcy...
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otherwise taxes will go up and major taxes will be triggered. senators lindsey graham and saxby champ blins are suggesting they would be willing to break their no tax pledge to get a budget deal done. today is day six of the cease-fire between israel and hamas and delegations from both sides are in cairo to meet separately with representatives from egypt which helped broker the cease-fire along with the united states. hamas says the latest round of talks will focus on border crossings and easings of the economic blockade of gaza. >>> the bodies of a northern california couple have been recovered after they were swept out to sea trying to save their dog. the family was playing fetch with their dog north of eureka on saturday. the dog chased after a stick and got pulled into the ocean by eight to ten foot waves. the boy and his parents followed the dog into the water. >> horrible story. >> feeling lucky? no grand prize winner saturday night. the jackpot for wednesday's powerball drawing is up to $425 million. that number could go even higher depen
otherwise taxes will go up and major taxes will be triggered. senators lindsey graham and saxby champ blins are suggesting they would be willing to break their no tax pledge to get a budget deal done. today is day six of the cease-fire between israel and hamas and delegations from both sides are in cairo to meet separately with representatives from egypt which helped broker the cease-fire along with the united states. hamas says the latest round of talks will focus on border crossings and...
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tax rates. there's ways of doing that. >> reporter: with the clock ticking and markets getting nervous, talks begin again this week amid tentative steps toward common ground. >> we have to show the world we're adults. the election is over. >>> to overseas now, where egypt, the country's newly elected leader there has granted himself unchecked power. it's sparking days of violent clashes and sent the country's stock market into free fall. nbc's jim maceda joins us live now. good morning to you. >> good morning, lynn. it's a critical day for mohamed morsi, a former leader of the muslim brotherhood which began on thursday when he issued the decree putting all his decisions effectively above the law. he said he was doing that to protect egypt's very slow move towards democracy from the judges and prosecutors mostly hand picked by hosni mubarak who were seen as sabotaging the process. the backlash was huge, was immediate, the past four days with national strikes, a sit-in on tahrir square and on goin
tax rates. there's ways of doing that. >> reporter: with the clock ticking and markets getting nervous, talks begin again this week amid tentative steps toward common ground. >> we have to show the world we're adults. the election is over. >>> to overseas now, where egypt, the country's newly elected leader there has granted himself unchecked power. it's sparking days of violent clashes and sent the country's stock market into free fall. nbc's jim maceda joins us live now....
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if an agreement is the not reached by the end of the year, a series of tax increases and spending cuts will automatically kick in. lawmakers in both major parties say they're willing to compromise. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming brief and republicans should put revenue on the table. >> the big questions are weather republicans are open to some forms of tax increases and whether democrats will consider cuts o to entitlement programs. >> a san francisco couple challenge of the defensive marriage act may be one of several the u.s. supreme court considers this week. the justices will decide whether to hear an appeal from the defenders of the prop 8, the initiative banning gay marriage. they're expected to meet this week to decide which cases it will hear next we're. >>> time for health watch this morning, it's 6:19, it appears childhood injuries related to inflatable bouncers are on the ride. that's according to a study published in the journal of pediatrics. bouncers and moon walks are popular at parties but it c
if an agreement is the not reached by the end of the year, a series of tax increases and spending cuts will automatically kick in. lawmakers in both major parties say they're willing to compromise. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming brief and republicans should put revenue on the table. >> the big questions are weather republicans are open to some forms of tax increases and whether democrats will consider cuts...
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there will be lots of tax provisions, including the payroll tax cut, to consider. >> alan krueger, the chairman of the council of economic advisers at the white house, alan, thanks very much for joining us. >> thanks very figure me, wolf. >>> secret confidential information revealed in the confetti at this year evenings macy's's thanksgiving day parade. find out what spectators discovered just ahead. stay with us. you're in "the situation room." . meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. until i show them this. the oral-b pro-health clinical brush. its pro-flex sides adjust to teeth and gums for a better clean. the pro-health clinical brush from oral-b. wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duc
there will be lots of tax provisions, including the payroll tax cut, to consider. >> alan krueger, the chairman of the council of economic advisers at the white house, alan, thanks very much for joining us. >> thanks very figure me, wolf. >>> secret confidential information revealed in the confetti at this year evenings macy's's thanksgiving day parade. find out what spectators discovered just ahead. stay with us. you're in "the situation room." . meet the...
SFGTV: San Francisco Government Television
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and the results that have moved our city forward in the right direction, from the payroll tax reform to housing, to taking care of our parks. i appreciate your advocacy and your commitment to san francisco. because of our collective efforts, san francisco voters were able to make a very thoughtful choices at the ballot box this past couple of weeks, that have helped fund infrastructure, move to job creating tax policy, and invest in critical housing needs in our city. collectively helping san francisco families and businesses. with that i'd like to take your two questions, supervisors. thank you. >> president chiu: thank you. our first question will be provided by our district 6 colleague, supervisor kim. >> supervisor kim: thank you and congratulations on your leadership on the propositions we passed a through e. in our district we've gotten many e-mails and questions about this but something that hasa uát up with our resident what are current procedures for recouping cost for street closures. specifically, what costs are being reimbursed to the city, beyond permitting fees and wha
and the results that have moved our city forward in the right direction, from the payroll tax reform to housing, to taking care of our parks. i appreciate your advocacy and your commitment to san francisco. because of our collective efforts, san francisco voters were able to make a very thoughtful choices at the ballot box this past couple of weeks, that have helped fund infrastructure, move to job creating tax policy, and invest in critical housing needs in our city. collectively helping san...
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from taxes. but you are also right that there has to be transparency and there has to be accountability in terms of what is paid for. often we say, let's go and look at the kind of well-rounded education kids have and private schools. but the other thing is that public schools -- it is our moral obligation. what we're seeing is that kids have special needs, we have to pay more for education for kids the special needs. guest: president of the american federation of teachers. she was elected in july of 2008 following 11 years as a vice president. she has experience in the law and also teaches at clara barton high people in crown -- high school in crown heights. our next caller is keen on the democrat line. good morning. we actually have jim now from wisconsin, caller: indepen. caller: i would like to ask randi weingarten, first of all, she is from new york, if i remember. teachers to sit in classrooms and they do not have students -- they get paid. that is because of the unions. about an author who
from taxes. but you are also right that there has to be transparency and there has to be accountability in terms of what is paid for. often we say, let's go and look at the kind of well-rounded education kids have and private schools. but the other thing is that public schools -- it is our moral obligation. what we're seeing is that kids have special needs, we have to pay more for education for kids the special needs. guest: president of the american federation of teachers. she was elected in...
SFGTV: San Francisco Government Television
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of income for members having no income but not listed as dependent on a household member's federal tax return. until we measured or came up with this criteria was that we identified four cities with similar low income discount programs that require customers to provide proof of income to receive the discount and this was los angeles, california, atlinto, california, columbus, ohio and eugene oregon for their utilities program. finding 2.2 is 3% of program accounts report 10 or more household members resulting in a high allowable household income. and what we found is of the cap accounts with data for household size 3% reported over 11 household members, which is almost three times the average household size for programs, which is 3.8 persons. while putting in an excessive number of household members is typical the reporting system does not prevent households from doing so to qualify for the program. finding 2.3, 16% of program accounts had a bill that is an unrealistically high proportion of reported income. what we found is of the 64 households that reported household income on their
of income for members having no income but not listed as dependent on a household member's federal tax return. until we measured or came up with this criteria was that we identified four cities with similar low income discount programs that require customers to provide proof of income to receive the discount and this was los angeles, california, atlinto, california, columbus, ohio and eugene oregon for their utilities program. finding 2.2 is 3% of program accounts report 10 or more household...
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they will accept higher tax revenue. the democrats still want higher tax rates. i'm saying, everybody, that the republicans are the ones doing the shifting here. the democrats are holding right where they always have been. sandra: republicans are definitely shifting, now talking about revenue, not about raising tax rates, very different than that. but also put their foot down when it comes to entitlements, medicare and social security. they are also going to address spending in ways that democrats are not going to be happy about. so everybody is going to have to sort of cave here, it would seem. stuart: there has to be compromise on the other side as well as republicans on tax. maybe the democrats have to compromise on entitlement reform at some point. they haven't yet. sandra: grover norquist has already come out and said nobody is caving here, if they do, it is just a trap the republicans are falling into. and this is going to be horrible for republicans, especially in the next election. liz: he also pointed out that george h.w. bush won gulf war one and then r
they will accept higher tax revenue. the democrats still want higher tax rates. i'm saying, everybody, that the republicans are the ones doing the shifting here. the democrats are holding right where they always have been. sandra: republicans are definitely shifting, now talking about revenue, not about raising tax rates, very different than that. but also put their foot down when it comes to entitlements, medicare and social security. they are also going to address spending in ways that...
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between the expiration of the bush tax cuts and higher taxes, for obamacare, the top capital gains rate will jump from 15% to 23.8, and listen to this: the top rate on dividends will jump from 15% to 43.4. how are, mr. sweeney, investors reacting to those possible, very stiff tax hikes? >> well, to that point, you want some clarity and whether the clarity comes in your personal economy at home, whether, you are a ceo or cfo of a corporation you want clarity how to spend the cash you have accumulated on your balance sheet or, if you are the government you want to figure out how to impact the spending you have at the federal level as well. americans are looking for clarity, so they can make the decisions, and, in terms of purchasing short-term christmas gifts for the next selling season or whether, again, if you are a ceo and trying to think of investing in a plant or hiring new people -- >> if i may, sir, specifically, if you have a stock and you see your capital gains, if you sell the stock, could go from 15% to 24%, at the -- on january 1st, are some people cashing out now? >> well, wh
between the expiration of the bush tax cuts and higher taxes, for obamacare, the top capital gains rate will jump from 15% to 23.8, and listen to this: the top rate on dividends will jump from 15% to 43.4. how are, mr. sweeney, investors reacting to those possible, very stiff tax hikes? >> well, to that point, you want some clarity and whether the clarity comes in your personal economy at home, whether, you are a ceo or cfo of a corporation you want clarity how to spend the cash you have...
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some selling for tax purpose bus i think we'll sit quiet as we wait to see what happens on the fiscal cliff. >>> happening now, protesters are filling the streets of cairo and camping out in tahrir square today as political unrest grows and we are giving you a live look at the scene right now in cairo. the protests are in response to president muhammed morsi's massive expansion of his powers. among his new powers, immunity from the nation's courts. morsi said the new powers are needed to hurry up the transition process from decades of rule by former dictator hawes kn -- hosni mubarak. >>> 6:57. we've been talking about the fog all morning long. we want to check the forecast with meteorologist christina loren. >> now we're getting to the worst point when it comes to that fog formation between 7:00 and 9:00. after 9:00 it should start to burn off and we are expecting quite a beautiful finish to the day. this is a live look at the sunol grade and you can see that fog has settled in but we've got a beautiful clear sky above. it's just going to take a little time for the sun to break throu
some selling for tax purpose bus i think we'll sit quiet as we wait to see what happens on the fiscal cliff. >>> happening now, protesters are filling the streets of cairo and camping out in tahrir square today as political unrest grows and we are giving you a live look at the scene right now in cairo. the protests are in response to president muhammed morsi's massive expansion of his powers. among his new powers, immunity from the nation's courts. morsi said the new powers are needed...
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if an agreement is not reached by the end of the year, a series of tax increases and spending cuts will automatically kick in. lawmakers in both major parties say they're willing to compromise. >> when you're $16 trillion in debt, the only pledge we should be making to each other is avoid becoming brief and republicans should put revenue on the table. >> the big questions are weather republicans are open to some forms of tax increases and whether democrats will consider cuts to entitlement programs. >>> a san francisco's couple challenge of the defense of marriage act will be one of several the u.s. supreme court considers this week. they will decide whether to hear an appeal of the prop 8. they're expected to meet this week to decide which cases it will hear next year. >>> on this monday, while we're cyber shopping, it's about the fog today. >> it is. >> sorry about that. >> dangerous out there. >> it's pretty tough, you're driving along, clear skies and all of a sudden you hit the fog that's out there. the numbers on the chilly side as well as we start off monday. we'll be talking wet
if an agreement is not reached by the end of the year, a series of tax increases and spending cuts will automatically kick in. lawmakers in both major parties say they're willing to compromise. >> when you're $16 trillion in debt, the only pledge we should be making to each other is avoid becoming brief and republicans should put revenue on the table. >> the big questions are weather republicans are open to some forms of tax increases and whether democrats will consider cuts to...
SFGTV2: San Francisco Government Television
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it benefits us the truth about $55 million in tax revenue. nightlife is the only significant industry in this city that sometimes gets treated at times as it is a nuisance, a problem to be managed. and of course, we have to focus on making sure it is safe and that people are complying with the laws and that we are not having shooting. but when you get so focused on combating the negatives -- every industry has the negatives. you can sometimes lose sight of the positives and we know there are a huge positives for nightlife in the city. we know that a lot of our street shares are at risk -- street fairs are at risk of being given fees to death. we have completely outdated the planning commission like that mission how are used district, which makes it extremely hard to do anything alcohol related in a big swath of the mission. there was a bowling alley that wanted to go in at 17th and van ness and they were not going to be able to do it because they would have been banned from even selling beer. that is the tip of the iceberg in terms of plannin
it benefits us the truth about $55 million in tax revenue. nightlife is the only significant industry in this city that sometimes gets treated at times as it is a nuisance, a problem to be managed. and of course, we have to focus on making sure it is safe and that people are complying with the laws and that we are not having shooting. but when you get so focused on combating the negatives -- every industry has the negatives. you can sometimes lose sight of the positives and we know there are a...
SFGTV2: San Francisco Government Television
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a larger cost on a smaller tax base, and, arguably, less affluent communities. man: sewickley township is a rural farming community, however, herminie itself would be considered to be the downtown area of the township. it's the agways, the auto-parts store, the bank. it's your typical small-town village. man: people think that rural areas are pristine and perfect and everybody has a nice, simple life. that's, uh, not exactly the situation here. when you come into town in the summer, you know you're coming to herminie. woman: the aroma in 90-degree days... can sometimes just want to knock you over. woman: we have water. we have power, we have gas, but we have no sewage. i guess when they laid out the town years ago, it just all went into the pipes and straight into the "crick." sabljak: i've lived here 43 years in the same house. when i moved here, they told us that sewage would be here shortly. and here it is 43 years later and we still don't have it. my husband and i went to the first meeting. he always said, "boy, i'll never see it in my lifetime." well... my
a larger cost on a smaller tax base, and, arguably, less affluent communities. man: sewickley township is a rural farming community, however, herminie itself would be considered to be the downtown area of the township. it's the agways, the auto-parts store, the bank. it's your typical small-town village. man: people think that rural areas are pristine and perfect and everybody has a nice, simple life. that's, uh, not exactly the situation here. when you come into town in the summer, you know...
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. >> it would not have the taxes. we have the money left over. the park could be just as good. john: well, it certainly is true that the park is very commercial these days. but buying and selling going on. holiday gifts. very commercial. on the other hand, the public seems fine with that. >> its and look very nice. a different story. >> a lot of the things that they should be doing. you should -- john: some money. >> that's right. you will study. if everyone would feel just as good. >> is a very public. nobody has viewed it as privatized, and the final answer to these arguments, every dollar that is earned by concessions and sponsorships and events goes right back into the park. all that money is earned in these ways. the way we provide private skating complex skating for free which we do is from those booze and a sponsorship from city which has been very generous. john: less talk about your next one combustion. boston, and was once a common breezy feel. so for the tragedy. it was overgrazed. now it's a part. managed by government for about four and years. badly managed, and th
. >> it would not have the taxes. we have the money left over. the park could be just as good. john: well, it certainly is true that the park is very commercial these days. but buying and selling going on. holiday gifts. very commercial. on the other hand, the public seems fine with that. >> its and look very nice. a different story. >> a lot of the things that they should be doing. you should -- john: some money. >> that's right. you will study. if everyone would feel...
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used the churchy's credit cards for $100,000 in personal expenses and owed the irs $300,000 in back taxes. >> i don't think that, you know, withs his past history that he should be preaching at all. >> reporter: things got ugly here last month when the pastor showed up for his first day at the church. cloaked in his white robe and carrying a bible and parishioners confronted him outside. >> basically told him to present his papers. you have to have papers to take over the church. he did not have his papers. >> reporter: this parishioner is also a reporter for the san francisco post. >> like a brief altercation. i don't know shoving, might have been hollering. >> reporter: the issue is under consideration. the reverend has been back once since kicked out. >> if he stays will it be awkward? >> most definitely but we are hoping that will not happen. >> reporter: back to you. >>> a major tragedy in a country used to struggle. how bangladesh is revealing from a massive factory fire. >>> and violence in egypt. what the country's new preside president has done to anger his people. >>> big change
used the churchy's credit cards for $100,000 in personal expenses and owed the irs $300,000 in back taxes. >> i don't think that, you know, withs his past history that he should be preaching at all. >> reporter: things got ugly here last month when the pastor showed up for his first day at the church. cloaked in his white robe and carrying a bible and parishioners confronted him outside. >> basically told him to present his papers. you have to have papers to take over the...
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look for language difference between tax rates and tax revenue as the debate moves forward there. >>> also this morning, the promises made to students by private for-profit colleges. did recruiters know and bend the truth about the job market to lure students to sign up for classes? a lot of reporting in recent years about what is going on with for-profit colleges. some of it kind of scary. we'll delve into that. >> we'll hear more in the next half hour. >>> later, the legendary rolling stones begin their concert tour, celebrating 50-year search for rock 'n' roll satisfaction. the first of five concerts. >> i could watch mick jagger dance all day. i think that's poetry in motion when mick gets on the stage and he's prancing around there. you can't beat that. that's americana at its best. >> better moves. rob nelson? mick jagger? >> no one's in mick's league. >>> but first, retailers will have an eye on computer hard drives today in addition to those cash registers. >> cyber monday has already begun with online vendors posting holiday bargains. shoppers expect to spend $1.5 billion onl
look for language difference between tax rates and tax revenue as the debate moves forward there. >>> also this morning, the promises made to students by private for-profit colleges. did recruiters know and bend the truth about the job market to lure students to sign up for classes? a lot of reporting in recent years about what is going on with for-profit colleges. some of it kind of scary. we'll delve into that. >> we'll hear more in the next half hour. >>> later, the...
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vowing to raise taxes on the wealthy. another republican saxby chambliss of georgia, in a recent interview, says he's no longer bound by a pledge not to raise taxes. >> the pledge i signed 20 years ago was valid then. it's valid now but times have changed significantly, and i care more about this country than i do about a 20-year-old pledge. >> reporter: but raising taxes is only one-half of a deficit deal. republicans want democrats to raise the eligibility age for medicare. >> i want entitlement reforms. republicans put revenue on the table, democrats always promise to cut spending. i'm looking for more revenue for entitlement reform before the end of the year. >> reporter: so far democrats sound lex flexible. >> we've got to make sure there is seamless coverage of afordable health coverage for every american. my concern about raising the retirement age gaps in coverage or coverage that's way too expensive for seniors to purchase. >> reporter: there are many potential cliffs but higher taxes for structural changes for m
vowing to raise taxes on the wealthy. another republican saxby chambliss of georgia, in a recent interview, says he's no longer bound by a pledge not to raise taxes. >> the pledge i signed 20 years ago was valid then. it's valid now but times have changed significantly, and i care more about this country than i do about a 20-year-old pledge. >> reporter: but raising taxes is only one-half of a deficit deal. republicans want democrats to raise the eligibility age for medicare....
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. >> they have to go up either real tax rates or effective tax rates. second we have to close significant loopholes. jon: bret baier is the anchor of special report. maybe we can get an explanation from you. the republicans are talking about raising revenue but not raising tax rates. how do they do that? >> reporter: basically they close tax loopholes, they put a cap on deductions. in other words for high income earners let's say the cap was $50,000 you would take in deductions, they don't specify what specific deductions it would be but that is the cap of tax deductions you could take and there by after that point you don't get any more deductions, so the amount of taxes you pay goes up. now this is not new, jon, this is what really mitt romney and paul ryan were running on, as they talked about it they got hammered again and again for not being specific on what tax deductions and loopholes were going to close. but this was the line for the republican standard bearer, the candidate. so when you hear these senators and congressmen talking about that and
. >> they have to go up either real tax rates or effective tax rates. second we have to close significant loopholes. jon: bret baier is the anchor of special report. maybe we can get an explanation from you. the republicans are talking about raising revenue but not raising tax rates. how do they do that? >> reporter: basically they close tax loopholes, they put a cap on deductions. in other words for high income earners let's say the cap was $50,000 you would take in deductions,...
SFGTV: San Francisco Government Television
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expense in these kinds of straightened times when we are going to the public and asking them to raise taxes in order to support the schools. look at k18, 20, and 22, and each one of those, the district is getting back money that apparently was not spent in previous years. and so, there is no expenditure obviously, but you are getting money. and the question is i think that one of these goes back to 2010, how have we been carrying these projected expenditures from that time and why were they just discovered and coming back? this becomes important because the credibility of the district in negotiation relies on it saying that it is following, you know, that it is actually spending the money that it says that it is spending and needs the money, that it says that is needs. but these four items seem to indicate that something else is going on. so i would hope that there would be an explanation of those four items also. thank you very much. >> good evening, commissioners, superintendent, debbie robinson harris, commissioner, i want to bring to your attention that the million plus dollars that san
expense in these kinds of straightened times when we are going to the public and asking them to raise taxes in order to support the schools. look at k18, 20, and 22, and each one of those, the district is getting back money that apparently was not spent in previous years. and so, there is no expenditure obviously, but you are getting money. and the question is i think that one of these goes back to 2010, how have we been carrying these projected expenditures from that time and why were they...
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people looming fiscal cliff could hurt consumer confidence they say the threat of sudden increase in tax for middle class could put the brakes on holiday shopping. news has had an impact on stocks today with target, macy's and other retailers falling, dow down 64 points. >>> still much more ahead, another factory fire in bangladesh days after a deadly blaze at a company that makes clothes for big name retailers here. >> the elect was weeks ago some campaign something [ female announcer ] this is a special message from at&t. [ male announcer ] it's no secret that the price of things just keeps going up. [ female announcer ] but we have some good news. it's our bundle price promise. [ male announcer ] a price you can definitely count on, for two whole years. from at&t. [ female announcer ] a great price for a great triple-play bundle. [ male announcer ] call now. bundles with u-verse tv, internet and home phone start at $89 a month. now get the same great price for two years. [ female announcer ] switch today and get a total home dvr included, free for life. [ male announcer ] you get reli
people looming fiscal cliff could hurt consumer confidence they say the threat of sudden increase in tax for middle class could put the brakes on holiday shopping. news has had an impact on stocks today with target, macy's and other retailers falling, dow down 64 points. >>> still much more ahead, another factory fire in bangladesh days after a deadly blaze at a company that makes clothes for big name retailers here. >> the elect was weeks ago some campaign something [ female...
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its taxes for everybody. you cannot bring down the debt with a $5 trillion in your accumulated over the last four years to pay it down. you need structure readjustment with the entitlements, also, with social security, medicare, medicaid, also, and, also, the tax reform. the republicans have talked about revenue coming in from growth jobs and getting the economy going. when you get the economy going, you get more money coming into the irs and treasury/ when more americans are at work, they are paying. i don't believe it -- it is , woodymr. norquist said, it is a pledge to the people. some of those senators wanting to raise -- wanting not to raise taxes, that pledge, they knew what would happen to them, they would get run out of state. first i want to see president obama's cards on the table. host: jerry is up next in st. charles, missouri. good morning. caller: one of the things i would like to talk about is the waste in government. i see it continuously in ads on. on a completely off as far as a meter for yo
its taxes for everybody. you cannot bring down the debt with a $5 trillion in your accumulated over the last four years to pay it down. you need structure readjustment with the entitlements, also, with social security, medicare, medicaid, also, and, also, the tax reform. the republicans have talked about revenue coming in from growth jobs and getting the economy going. when you get the economy going, you get more money coming into the irs and treasury/ when more americans are at work, they are...
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Nov 26, 2012
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the two big ones being on one hand tax increases, which republicans have resisted, and on the other, cuts to programs like social security and medicare, which democrats have resisted. but the good news is that after this thanksgiving weekend, we are seeing and hearing signs of a compromise. >> i am willing to generate revenue. it's fair to ask my party to put revenue on the table. >> from my side of the table, bring entitlement reform into the conversations. >> reporter: now, both lawmakers on either side, republicans, democrats, they are confident that they will get a deal before the deal is out. some say even before christmas. if a deal is not reached, we are looking at more than half a trillion dollars in tax increases and also about $100 billion in spending cuts. that will impact americans. just this morning, the white house released a new report estimating what that impact will be on the economy and the economic recovery. it's estimating that if we go over the fiscal cliff next year, shoppers, consumers will spend about $200 billion less. reporting live in washington, i'm dan yi
the two big ones being on one hand tax increases, which republicans have resisted, and on the other, cuts to programs like social security and medicare, which democrats have resisted. but the good news is that after this thanksgiving weekend, we are seeing and hearing signs of a compromise. >> i am willing to generate revenue. it's fair to ask my party to put revenue on the table. >> from my side of the table, bring entitlement reform into the conversations. >> reporter: now,...
SFGTV: San Francisco Government Television
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Nov 26, 2012
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if they go forward to the electorate saying we want to raise parking meters, we want to raise more taxes and this program is on the books, good luck. >> president chiu: supervisor wiener. >> supervisor wiener: thank you, mr. president. i( ]9 want to be clear about something first. in terms of the mtc and supervisor campos is correct, that i'm not in any way suggesting that it is somehow prohibited or inappropriate legally to use this money for the free youth pass program. this is one of the allowed uses. but as supervisor elsbernd stawtd stated so is maintenance procurement or rehabs and this is a choice, not a false choice. we heard that yesterday. we heard it today. that is absolutely rhetoric.82( and -- well i don't like it, but the fact is that transit funding is a limited thing. it's not this growing asset. you don't just use the money for something, and then it magically appears from somewhere else. it is a -- for -- i don't like it but it's a zero sum game in terms of how we use very scarce transit dollars. this is anything but a false choice. i will also say that i recall, months
if they go forward to the electorate saying we want to raise parking meters, we want to raise more taxes and this program is on the books, good luck. >> president chiu: supervisor wiener. >> supervisor wiener: thank you, mr. president. i( ]9 want to be clear about something first. in terms of the mtc and supervisor campos is correct, that i'm not in any way suggesting that it is somehow prohibited or inappropriate legally to use this money for the free youth pass program. this is...
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Nov 26, 2012
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revenue, taxes, i can say taxes, they can't say that on the other side of the aisle, revenue, taxes. that would account for 40% in simpson-bowles, 40%. what we're talking about is to make sure any deficit reduction package forward has a substantial portion of revenue and taxes in it but you can't tax the wealthiest people in america and balance the budget. i know that's true. there has to be spending cuts. also changes in entitlement programs. i happen to agree with the majority leader, social security does not add a penny to the deficit, not one penny, it is a separate trust fund, but it only has about 22 years of life left in it. that's pretty good by washington standards but we can do better. i think and many of us agree, bipartisan basis, let's make some small changes in social security today to guarantee it will be here for 50 years or even 75 years. we can do that. but that's a separate debate. the debate on the fiscal cliff is about entitlement programs. and i watched some of my friends on the left, on the democratic side saying don't touch the entitlement programs. they're ig
revenue, taxes, i can say taxes, they can't say that on the other side of the aisle, revenue, taxes. that would account for 40% in simpson-bowles, 40%. what we're talking about is to make sure any deficit reduction package forward has a substantial portion of revenue and taxes in it but you can't tax the wealthiest people in america and balance the budget. i know that's true. there has to be spending cuts. also changes in entitlement programs. i happen to agree with the majority leader, social...
SFGTV: San Francisco Government Television
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Nov 26, 2012
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. >> clerk calvillo: an ordinance amending the business and tax regulations code to provide for a district term of up to 40 years when assessments are pledged or applied to pay any bonds, financing leases or other similar obligations of the city and authorize the board of supervisors to require a waited two-thirds vote of business owners to be assessed based on ballots cast as an alternative or additional procedure for establishing a business improvement district and levying assessments and clarifying existing positions and update references to state law. >> president chiu: colleagues, roll call vote. >> clerk calvillo: on item 19, supervisor avalos, aye. supervisor campos, aye. president chiu, aye. supervisor chu, aye. supervisor cohen, aye. supervisor elsbernd, aye. supervisor farrell, aye. supervisor kim, aye. supervisor mar, aye. supervisor olague, aye. supervisor wiener, aye. there are 11 ayes. >> president chiu: the ordinance is passed on the first reading. item 20. >> clerk calvillo: a resolution declaring the intention of the board of supervisors to establish a business based impro
. >> clerk calvillo: an ordinance amending the business and tax regulations code to provide for a district term of up to 40 years when assessments are pledged or applied to pay any bonds, financing leases or other similar obligations of the city and authorize the board of supervisors to require a waited two-thirds vote of business owners to be assessed based on ballots cast as an alternative or additional procedure for establishing a business improvement district and levying assessments...
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Nov 26, 2012
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. >> his power comes from this tax pledge. the last thing that he can afford to see more republicans peel off. if they do, then he can't get the next person to sign that pledge. >> tomorrow on "starting point" we're going to be talking to race car driver danica patrick and star of "pretty little liars." cnn newsroom with carols can to casse tell low begins now. >>> horror in bangladesh. two giant clothing factories there go up in flames. they might have made the clothes that are in your closet right now. thousands of workers protest the deaths of their colleagues. were safety warnings ignored? >>> republican rebellion? lindsey graham the latest lawmaker to buck a powerful gop lobbyist and his anti-tax pledge. we'll have the view from the edge of the so-called fiscal cliff. >>> one of the most recognizable voices in hollywood lends his voice to a pro-same-sex marriage ad. >> freedom, justice and human dignity have always guided our journey toward a more perfect union. now across our country, we are standing together for the rig
. >> his power comes from this tax pledge. the last thing that he can afford to see more republicans peel off. if they do, then he can't get the next person to sign that pledge. >> tomorrow on "starting point" we're going to be talking to race car driver danica patrick and star of "pretty little liars." cnn newsroom with carols can to casse tell low begins now. >>> horror in bangladesh. two giant clothing factories there go up in flames. they might have...
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Nov 26, 2012
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todayself republica selveral red away from a pledge banning tax increases. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming greece, and republicans should put revenue on the table. i want to cut rates to create jobs, but i will violate the pledge, long story short, for the good of the country only if democrats will do entitlement reform. >> i agree with saxby chambliss. a pledge you signed 20 years ago, 18 years ago is for that congress. if i were in congress in 1941 i would have signed -- supported a declaration of war against japan. i'm not going to attack japan today. the world has changed. >> does it mean we might be closer to a fiscal cliff compromise? athena jones takes a closer look. >> reporter: that's, of course, the big question here. we know in the meeting the president had with lawmakers the friday before thanksgiving there was a lot of positive talk coming out of that with leaders on both sides saying the meeting was constructive, that lawmakers understood their responsibilities, and that they were going to work to
todayself republica selveral red away from a pledge banning tax increases. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming greece, and republicans should put revenue on the table. i want to cut rates to create jobs, but i will violate the pledge, long story short, for the good of the country only if democrats will do entitlement reform. >> i agree with saxby chambliss. a pledge you signed 20 years ago, 18 years ago is for...
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Nov 26, 2012
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they talk about taxes on national television. i know important apornography w it. it made it very clear that any republican who signed the pledge, that's pretty much every republican in congress, who balks at someone whose career is over. to me, that meant the defectors are far and few between. as a moderate leadership cannot deliver those pledge to the norquist hardline. norquist who seems to welcome a bust on the wall of shame, used to beg for it, is more powerful than speaker john boehner. norquist is more powerful than boehner. it feels as if the air went out of the compromise zeppelin. hey, like the graph zeppelin, like, lakers. retail, now we're hearing that there wasn't as much follow-through to the initial sales from thursday night. i think it's nonsense, but mo macy's and costco were tagged with huge loss es today. i believe the holiday sales are far are flat-out strong. amazing numbers from apple, like a rocket since it hit the 505 level last week. terrific ipad mini sales. wasn't that a product the doom and gloomers ha
they talk about taxes on national television. i know important apornography w it. it made it very clear that any republican who signed the pledge, that's pretty much every republican in congress, who balks at someone whose career is over. to me, that meant the defectors are far and few between. as a moderate leadership cannot deliver those pledge to the norquist hardline. norquist who seems to welcome a bust on the wall of shame, used to beg for it, is more powerful than speaker john boehner....
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Nov 26, 2012
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i will not raise tax rates. i will cap deductions and long story short for the good of the country only if democrats will do entitlement reform. >> all the president that i have served with including reagan, clinton and the first george bush moved away from the position of no additional tax. >> they all added revenues to deficit reduction. >> without a bipartisan plan the bush-era tax cuts are expected to retire jarn 1st and spending cuts may kick in as well. they anticipate a second face- to-face meeting with president obama as soon as this week. >>> also in washington republican senator john mccain backed off from fiery criticism of un un ambassador susan rice about the attack in libya. >> i think she deserved the ability to explain herself and her position as she said, but she is not the problem. the prose problem is that the president of the united states, who in a debate with mitt romney said that he had said it was a terrorist attack. he hadn't. >> senator mccain threatened to block susan rice's nomination
i will not raise tax rates. i will cap deductions and long story short for the good of the country only if democrats will do entitlement reform. >> all the president that i have served with including reagan, clinton and the first george bush moved away from the position of no additional tax. >> they all added revenues to deficit reduction. >> without a bipartisan plan the bush-era tax cuts are expected to retire jarn 1st and spending cuts may kick in as well. they anticipate a...